Another fall from grace??? Black Diamond Fleet

[Tommy Gun Images]

I hope it’s not Dave Magoo either?? Been seeing him post alot about those cypto pyramid schemes lately and he has his m44 forsale. And he’s going back to his m35. Both frank and him seem like stand up dudes.

It’s absolutely not Magoo.

 

[SPYLIFE]

That big mansion they have on the side of hwy 117 in sapulpa, hope it gets auctioned off for pennies on the dollar.

He's been big-timing in Destin for 15+ years. Has a nice home on the water in the harbor. Homestead it and that's protected from any civil judgments.

 

[RVRKID]

I hope he’s not referring the the DLA M44 guy

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[JFMFG]

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Ya pretty much narrowed it down to him buddy said he tried to fire sale the dcb for Valentine’s Day at 750k

 

[RiverDave]

Unfortunately these guys go bk, screw over their creditors, fuck their investors, who knew they were taking a risk. They live their lavish lifestyle and a few years later they are back doing it again. I’ve seen it before. Funny, dudes like this follow around and befriend other guys with money. It’s all part of their scam. They gain their confidence, get them to invest, and start the cycle all over.

It really is mind boggling..

 

[HCP3]

So the DLA DCB guy was a scammer?

Probably

 

[Tank]

I heard there was a lot of robbing Peter to pay Paul type action. You won’t see them at poker runs this year. Just sayin.

 

[HCP3]

Why are these scams so hush hush? 'Allegedly' I guess?

 

[ChrisV]

 

[CammdSS]

Let them sink... We dont need people like that in todays world.

What happened to people who live on integrity, morals and ethics?

 

[wzuber]

What happened to people who live on integrity, morals and ethics?

Surely you gest?
Have you seen our former govt admin and democrat/rino political parties? They lead the world in corruption. These donkies see that shit and try to emulate it. Can't beat'm, join'm comes to mind.

 

[JFMFG]

I heard there was a lot of robbing Peter to pay Paul type action. You won’t see them at poker runs this year. Just sayin.

We talking about black diamond or dla lol.

 

[TPC]

I was a day away from writing a check for a new performance boat we really liked.

Mentioned it to RD and got the bare-ass, butt naked truth about the sorry engine, the shady hull shenanigans, and on top all the bullshit glossy sales tactics that company was doing response back from RD.

RD even had previous serious "words" with the builder. They didn't like ARDY's opinion. RD never backs down.

We thus balked on buying it and glad we did.
The boat company eventually failed for all the reasons RD mentioned. Their lies became the truth.

Pays to really do research.

20 years later:
The former company owners and a former executive were at the bar in LHC a couple years back.
They were in town for Desert Storm and going to restart the boat company, spreading the word they are back in business and we got to talking.

I thought if I mentioned RD, the conversation would get really ugly, really quick.
I then remained quiet just to be sociable.

 

[SJP]

Is it summer yet?

 

[Tank]

We talking about black diamond or dla lol.

DLA

Word on the street is he’s burned a few people and not paid his bills. Rumor at this point but I’ve heard it from a few people and usually where there’s smoke there’s fire. hopefully just a restructuring or getting over some financial issues. I never met the dude. Heard he’s super nice guy. Hate to see bad things happen to good people. But also, if it was a pyramid type thing, that shit only lasts so long.

 

[JFMFG]

DLA

Word on the street is he’s burned a few people and not paid his bills. Rumor at this point but I’ve heard it from a few people and usually where there’s smoke there’s fire. hopefully just a restructuring or getting over some financial issues. I never met the dude. Heard he’s super nice guy. Hate to see bad things happen to good people. But also, if it was a pyramid type thing, that shit only lasts so long.

Ya I don’t think we will see him either. Maybe someone else can park at that spot at the heat now. It pretty much confirmed it for me when Dave didn’t announce he was a sponsor this year.

 

[Tank]

Ya I don’t think we will see him either. Maybe someone else can park at that spot at the heat now. It pretty much confirmed it for me when Dave didn’t announce he was a sponsor this year.

He may or may not still
Owe Dave money from last years event.

 

[ChrisV]

 

[Looking Glass]

To Quote Don Henley, "Give Us Dirty Laundry"

 

[dudeinsapulpa]

Update on Mr wachob. He just had his dispensaries and grow shut down. Had tons of his luxury items loaded up on trucks and hauled off. Such a shame he let that company fall to crap. Some family members and tons of friends lost their livelihood in that co pany. They worked there for many years and invested back into the company and now have been bent over. Rest in piss Derek wachob

 

[JFMFG]

He may or may not still
Owe Dave money from last years event.

Dave had mentioned without naming someone’s name that that person did in fact still owe.

 

[JFMFG]

Update on Mr wachob. He just had his dispensaries and grow shut down. Had tons of his luxury items loaded up on trucks and hauled off. Such a shame he let that company fall to crap. Some family members and tons of friends lost their livelihood in that co pany. They worked there for many years and invested back into the company and now have been bent over. Rest in piss Derek wachob

Black diamond is now black hole? And six carat is now a lab diamond?

 

[OLDRAAT]

Sadly, none do any serious prison time IMO.

 

[ChumpChange]

Why are these scams so hush hush? 'Allegedly' I guess?

Because the people who got scammed hold onto the belief that it’s not a scam and they’ll get paid back. Or that the company just needs to raise money and they’ll get paid back from those proceeds not knowing that it will never come back to them and it’s just the owner scamming more people.

They know that if they open their mouth and let the whole thing collapse, then they’ll never get their money back.

 

[OC Daytona]

Is it summer yet?

No.........but at least it's FINALLY daylight savings time

 

[HCP3]

Because the people who got scammed hold onto the belief that it’s not a scam and they’ll get paid back. Or that the company just needs to raise money and they’ll get paid back from those proceeds not knowing that it will never come back to them and it’s just the owner scamming more people.

They know that if they open their mouth and let the whole thing collapse, then they’ll never get their money back.

That make sense. It seems like all the "money" guys run the same racket and people flock towards them.

 

[Member: 71]

What I don’t understand, is they’re all flashy, in your face look at me. I would think, it be the opposite, lay low under the radar.

 

[ChumpChange]

What I don’t understand, is they’re all flashy, in your face look at me. I would think, it be the opposite, lay low under the radar.

Because it’s all about showing success so you can get the next investor to keep the Ponzi scheme going. It’s always about getting the next person. Makes people think the return on investment “can be” real.

 

[wet hull]

Because it’s all about showing success so you can get the next investor to keep the Ponzi scheme going. It’s always about getting the next person. Makes people think the return on investment “can be” real.

1000%!! The flash gets people to think they are qualified and top of game. They have to be doing it the right way? I have seen the Instagram. Guys that show up on jobsites in fancy jeans, polo shirts and fancy shoes and a clean hard hat. All flash and nothing to back up. You think in a pinch he had tools ready to pitch in and solve a problem fast? I highly doubt it!! Hey Vin, go get me the left handed hammer!!

 

[cole_skier]

What I don’t understand, is they’re all flashy, in your face look at me. I would think, it be the opposite, lay low under the radar.

Real money does lay low and under the radar

 

[Livewire Fabworks]

Old money versus new money. Most people with old money don't seem to be as flashy as new money. I still remember the owner of my old company that had generational wealth saying "Lambo's are for the new money group, if you truely have money, you have a car collection that no one knows about."

 

[JFMFG]

Old money versus new money. Most people with old money don't seem to be as flashy as new money. I still remember the owner of my old company that had generational wealth saying "Lambo's are for the new money group, if you truely have money, you have a car collection that no one knows about."

Some of the richest people I know you’d never even know it. Drive modest vehicles shop for clothes at target etc.

 

[FROGMAN524]

As they say;

“Money talks, wealth whispers and debt screams”

 

[Tank]

As they say;

“Money talks, wealth whispers and debt screams”

I don’t think I’ve ever heard that. I love it.

 

[gqchris]

As they say;

“Money talks, wealth whispers and debt screams”

My debt sure is one loud biatch!!!!

 

[RiverDave]

DLA

Word on the street is he’s burned a few people and not paid his bills. Rumor at this point but I’ve heard it from a few people and usually where there’s smoke there’s fire. hopefully just a restructuring or getting over some financial issues. I never met the dude. Heard he’s super nice guy. Hate to see bad things happen to good people. But also, if it was a pyramid type thing, that shit only lasts so long.

Well I don’t know of anyone else’s experiences personally, but put aside the fact that he got me for 15k, I’m gonna just tell you flat I have seen that guy be an asshole on multiple occasions.

As they say;

“Money talks, wealth whispers and debt screams”

That couldn’t be more true.. lol. When I told him that my heartburn layed in the fact that he never paid his invoice and went to yet another event he started screaming at me.. lol (he didn’t pay the second event either)

RD

 

[JFMFG]

Well I don’t know of anyone else’s experiences personally, but put aside the fact that he got me for 15k, I’m gonna just tell you flat I have seen that guy be an asshole on multiple occasions.



That couldn’t be more true.. lol. When I told him that my heartburn layed in the fact that he never paid his invoice and went to yet another event he started screaming at me.. lol (he didn’t pay the second event either)

RD

I’d be curious to see if he puts that boat in for supercat or ds.

 

[ChrisV]

I’d be curious to see if he puts that boat in for supercat or ds.

Doubt it

 

[JFMFG]

Doubt it

I wouldn’t be surprised may just run with certain people. I wouldn’t put many more hours on that thing trying to sell it since it’s already at the rebuild interval.

 

[ChrisV]

I wouldn’t be surprised may just run with certain people. I wouldn’t put many more hours on that thing trying to sell it since it’s already at the rebuild interval.

Ball out

 

[JFMFG]

Ball out

May be up for repo

 

[hallett21]

I wouldn’t be surprised may just run with certain people. I wouldn’t put many more hours on that thing trying to sell it since it’s already at the rebuild interval.

You’re not thinking big enough. There’s insurance money on the table still

 

[JFMFG]

You’re not thinking big enough. There’s insurance money on the table still

If he hasn’t paid Dave 15k he hasn’t paid his 40k a year insurance bill

 

[RiverDave]

I’d be curious to see if he puts that boat in for supercat or ds.

He’s more than welcome to put it in supercat after he pays the 15k he owes me.. lol

 

[RiverDave]

If he hasn’t paid Dave 15k he hasn’t paid his 40k a year insurance bill

Insurance isn’t anywhere near that..

 

[Rayson1971]

If he hasn’t paid Dave 15k he hasn’t paid his 40k a year insurance bill

Think he's referring to it accidentally sinking

 

[JFMFG]

Think he's referring to it accidentally sinking

Yes he is. But if he say hasn’t actually paid insurance due to lack of money or something can’t really sink it

 

[Tank]

Well I don’t know of anyone else’s experiences personally, but put aside the fact that he got me for 15k, I’m gonna just tell you flat I have seen that guy be an asshole on multiple occasions.



That couldn’t be more true.. lol. When I told him that my heartburn layed in the fact that he never paid his invoice and went to yet another event he started screaming at me.. lol (he didn’t pay the second event either)

RD

Like I said, never met him, only relaying what I’ve heard from various people. Good and bad.

Not cool to burn you for money when you work your ass off to put on a world class event. 15k isn’t exactly chump change.

Hopefully he makes it right with you.

 

[eand28]

I’m not trying to drag the other guy into this but he had a friend/business partner with that red m37r. They would flip houses and build multi unit complexes. Anyone want to partner up and hustle a few people we can both have DCB’s lol

Where do I sign up?

 

[JFMFG]

Like I said, never met him, only relaying what I’ve heard from various people. Good and bad.

Not cool to burn you for money when you work your ass off to put on a world class event. 15k isn’t exactly chump change.

Hopefully he makes it right with you.

Crazy times man. Doubt Dave will get his money sadly. We know how these things go.